Page 31 - Future Super News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What did I divest from? Ash and I never thought of ourselves as investors (it has a bit of a suit-and-tie vibe), but thanks to compulsory superannuation in Australia, every Australian of working age is an investor – even if you don’t have a stock portfolio. “I can almost guarantee you that if you are not watching where that money goes, you are accidentally financing the climate crisis,” says Bullock. This is because “in Australia, most superannuation companies are investing in fossil fuels.” And the banks? Like a lot of kids in the 90s, Ash and I were both brought up as Dollarmite...

Aberdeen Standard appoints new APAC CEO — 1 minute read 27 January 2021 Aberdeen Standard Investments (ASI) has appointed a new APAC chief executive to spearhead its “ambitious growth agenda” in the region. René Buehlmann will take the reins at the APAC business, succeeding Hugh Young, who will take on a new role as Asia chairman. Mr Buehlmann will have responsibility for driving ASI’s global strategy in the region as it invests to build out its franchise and will be a member of the executive leadership team, reporting to Standard Life Aberdeen CEO Stephen B...

Ethical fund CEO to depart — 1 minute read The co-founder and chief executive of Future Super will be stepping aside from the role. Kirstin Hunter will leave Future Super in 2021. Ms Hunter joined Future Super in 2017 as chief operating officer before being appointed to the board as managing director in 2018. In 2020 she was named as a co-founder and promoted to the CEO role. Co-founder Simon Sheikh will now be taking back the reins as CEO.  “Kirstin has been a major force behind the success of our business. Her contribution has shaped our industry reputation, strategy and in...

A large amount of research is required to determine which businesses are suitable Potential for a huge payday down the road due to changing consumer preferences Potential for a moral dilemma when a firm boasts both ethical and unethical business practices Functions identically to traditional investing No guidelines for a company’s ethics or sustainability report Akin to regular investing, there are two ways to go about this. Firstly, you can purchase a listed company’s stocks and shares. From there, you can either trade these or hold them and earn dividends from the business’ annual per...

Government should shut down underperforming funds immediately: Superannuation lobby Government should shut down underperforming funds immediately: Superannuation lobby Normal text size Advertisement Australia's biggest superannuation lobby group has asked the federal government to impose tougher penalties on super funds failing to deliver strong investment returns and consider immediately shutting down underperformers. Industry Super Australia's submission to the federal government over proposed changes to the sector warns the current plan for it to weed out dud funds did not distinguish betw...